Minting & Utilization

Our token is called APC, standing for Apsy Coin. We use TRC-20 to create APC tokens on the TRON blockchain. As shown in Figure 11, Minted tokens are allocated to four pools:

  1. Apvesting pool: 10M tokens, $100 each.

  2. ICO pool: Two rounds of ICO crowdfunding: 1M tokens for ICO round 1, $5 each. 500K tokens for round 2, $10 each.

  3. Dividends pool: We issue tokens as dividends based on apvestor referrals and app traction (12% for referral investments and one token per 10K users amounting to max 2M tokens in this pool).

  4. Founders pool: 1M tokens are reserved for founders.

Figure 11. Token Pools

Apvesting Pool

We have started minting APC on our website. We offer crypto crowdfunding as a whole or a partial payment option to all of our users. If the user chooses either of the crowdfunding options, we set up a campaign and provide a unique link that they can share with their network. The link will take the apvestor to our website, where they can invest in the app at any amount ranging from $10 to the remaining budget to build the app. Apsy sets this budget based on our pricing model that depends on the number of screens, APIs, and complexity of the features. The apventor can cancel the crowdfunding campaign at any time. However, the invested funds can only be returned to the apvestors before reaching the specified budget if explicitly requested by the apvestor. After that point, since we allocate the collected funds to cover the cost of building the app, we will not return the investment.

Ten million APCs are allocated to the apvesting pool at $100 per token. As shown in Figure 12, once the apvestors starts a crypto fundraising campaign, he will receive a unique link. He can share with his network to bring more investors. Other users of CryptoAps who come across this project can also choose to invest. The apvestor can pay with fiat currency or APC - APC can be purchased from coin exchanges soon. In addition, each apvestor will receive a unique like that they can share with their network to bring more investors to the app.

Figure 12. Apvesting process

ICO Pool

We will have two ICOs crowdfunding following SEC regulation CF held in 2021 and 2023 as permitted under SEC. The first round consists of one million tokens at $5 each. The earned $5M is used to complete the development of the CryptoAps platform, as explained in the next section.

We will run another round after one year of the closing date of the first round. The second round consists of 500,000 tokens at $10 each. The goal of the public rounds is to raise another $5M which we will spend on several fronts (see the next section for more details):

  1. To expand CryptoAps platform to accommodate millions of users.

  2. To expand our AI-based code generation tools: Panorama, Automata, and Visualize.

  3. To finalize our app design studio tool called Orchestra.

  4. To generate AI-based design prototyping tools: Artistry and proto.

  5. Facilitate required organizational resources to support our exponential growth.

The schedule of ICOs is shown in Figure 13. Following SEC rules, one year after the token is purchased, the token owners would be able to sell them in exchanges.

Figure 13. ICO Rounds

Dividends Pool

CryptoAps users receive two types of dividends. (The apvestor must have registered an APC account with Apsy to receive dividends. If not, we ask them to do so when there are dividends to be paid.)

  1. Referral Dividends are paid when their referred users invest.

  2. Traction Dividends are paid when their app and an app they invested in gets more users.

Referral Dividends

To incentivize referrals, the referrer receives dividends equal to MIN(10% of the investment, own investment). Also, the ancestor apvestors receive dividends equal to MIN(2% of the investment, own investment.). This logic might sound a bit complex. Figure 14 shows an example to clarify.

Figure 14. This example is showing how referral dividends are calculated. In this example, John is the first apvestor who refers to Ali. Ali, in turn, refers to Mark and Sarah.

Traction Dividends

Once the app is published in the app stores, Apsy continuously tracks the users who sign up for the app. For every 10,000 new users, up to one million users, one APC is paid to the apventor. Each apvestor also receives APC equal to their investment ratio to the total investment made on the app. For example, for the app shown in Figure 14, once it is published and gets its first 10K users, John, Ali, Mark, and Sarah receive 0.01, 0.46, 0.23, and 0.18 APCs.

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